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Difference between revisions of "1980s Motorcycle Tariffs"
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In the early eighties, [[Harley-Davidson]] claimed that [[:Category:Japanese motorcycles|Japanese manufacturers]] were importing [[motorcycles]] into the US in such volume as to harm or threaten to harm domestic producers. After an investigation by the US International Trade Commission, President Reagan imposed in 1983 a 45% tariff on imported bikes and bikes over 700 cc engine capacity. Harley Davidson subsequently rejected offers of assistance from Japanese motorcycle makers.<ref name="7/83 US IMPOSES 45% TARIFF ON IMPORTED MOTORCYCLES">[http://www.japanlaw.info/lawletter/july83/ase.htm] - 7/83 US Imposes 45% Tariff on Imported Motorcycles</ref><ref name="Two American Legends: Ford and Harley-Davidson">[http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2000/0001109273&EDATE=] - Two American Legends: Ford and Harley-Davidson</ref> | In the early eighties, [[Harley-Davidson]] claimed that [[:Category:Japanese motorcycles|Japanese manufacturers]] were importing [[motorcycles]] into the US in such volume as to harm or threaten to harm domestic producers. After an investigation by the US International Trade Commission, President Reagan imposed in 1983 a 45% tariff on imported bikes and bikes over 700 cc engine capacity. Harley Davidson subsequently rejected offers of assistance from Japanese motorcycle makers.<ref name="7/83 US IMPOSES 45% TARIFF ON IMPORTED MOTORCYCLES">[http://www.japanlaw.info/lawletter/july83/ase.htm] - 7/83 US Imposes 45% Tariff on Imported Motorcycles</ref><ref name="Two American Legends: Ford and Harley-Davidson">[http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2000/0001109273&EDATE=] - Two American Legends: Ford and Harley-Davidson</ref> | ||
In 1983, many of the Japanese and other foreign manufactures dropped engine sizes from 750cc to 700cc in what has become known as the "Harley tariff". US President Ronald Reagan imposed a 45 percent tariff over a five-year period on the import of Japanese motorcycles, improving Harley-Davidson's ability to compete against high-quality foreign manufacturers as the last U.S. motorcycle manufacturer. | |||
==References== | ==References== | ||